https://www.taxtmi.com/caselaws?id=189334 The Appellate Tribunal ITAT Mumbai upheld the order of the ld CIT(A) in the appeal against deeming a sum received as dividend under section 2(22)(e) for the assessment year 2007-08. The ITAT ruled that the recipient did not meet the criteria of being a registered and beneficial shareholder in the lending company, as required by legal precedents. Consequently, the department's appeal was dismissed, affirming the decision of the ld CIT(A). en-us Wed, 10 Oct 2012 00:00:00 +0530 Fri, 06 Jan 2017 12:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189334 The Appellate Tribunal ITAT Mumbai upheld the order of the ld CIT(A) in the appeal against deeming a sum received as dividend under section 2(22)(e) for the assessment year 2007-08. The ITAT ruled that the recipient did not meet the criteria of being a registered and beneficial shareholder in the lending company, as required by legal precedents. Consequently, the department's appeal was dismissed, affirming the decision of the ld CIT(A). Case-Laws Income Tax Wed, 10 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189334